M&E specialist J S Wright files administration notice

West Midlands-based M&E specialist J S Wright & Co and allied business Wright Maintenance have filed notices of intentions to appoint administrators with the courts.
Both firms operate out of headquarters in Birmingham and offices in Bristol and London employing around 160 staff.
The business switched to employee ownership in October 2021 but subsequently has struggled with rampant cost inflation and project delays as well as a broader slowdown in the market.This impacted liquidity with